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Solve the problem.
-Suppose that a sales person observes that if an item is priced at $7 per item then 11 items are sold. If 9 items are sold for $9 per item then find a linear function f(x) = mx + b whose input is the price
Of the item in dollars and whose output is the number of items sold.
Returns
A term referring to the profit or loss generated on an investment over a specified period.
Dividend Yield
A ratio indicating the annual dividends a company distributes in relation to its share price.
Capital Gain
The profit earned from the sale of an asset or investment when it sells for more than its purchase price.
Geometric Average Return
A method of calculating the average rate of return on an investment over time that accounts for compounding.
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